Hong Kong Issues Notice on Strategic Commodity License
Hong Kong’s Trade and Industry Department issued a Jan. 14 notice reminding companies of its license for traders who “frequently” import or export “strategic commodities of relatively less sensitivity.” The “Approval-in-Principle Arrangement for Bulk Users of Strategic Commodities Licensing Service”…
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streamlines and expedites the processing of license applications, the agency said. The notice outlines the updated application process, conditions for approval and which items are eligible for the license.